Call for papers: Special Issue. International Journal of Emerging Markets

International Journal of Emerging Markets
Call for Papers for Special Issue on

New Wine in Old Bottles? The Role of Emerging Markets Multinationals in advancing IB Theory and Research.

Special Issue Editors:

• Bersant Hobdari (Copenhagen Business School)
• Lourdes Casanova (Cornell University)
• Peter Hertenstein (University of Cambridge)

In many respects, multinationals are a defining invention of Western economies. But like much else, they are no longer the preserve of the West. The emerging economies are producing business giants of their own at a staggering rate. While these businesses share the scale and ambition of their developed-world counterparts, their processes and patterns of growth are often dissimilar to those of their competitors in the developed world. They are success stories that are changing the narrative rules as they go along.

As emerging market countries gain in stature, their companies are taking center stage. Emerging market companies accounted for over 40 percent of world exports and around a quarter of outward foreign direct investment investments flows (UNCTAD, 2012; Contractor, 2013). These emerging market companies will continue to be critical competitors in their home markets while increasingly making outbound investments into other emerging and developed economies. Working to serve customers of limited means, the emerging market leaders often produce innovative designs that reduce manufacturing costs and sometimes disrupt entire industries.

The state of the literature is divided in between those who claim that emerging market multinationals are similar to their Western counterparts and those who claim that these multinationals are a new phenomenon requiring new theories and frameworks. Arguments in support of new theoretical models in which EMNEs can contribute to IB theory can be divided into two streams. Ramamurti (2009), on the one side of the argument stresses the role of country of origin and other contextual factors in shaping emerging market multinationals internationalization strategies. In this respect, there is a need for empirically grounded research to discover ownership-specific advantages of emerging market multinationals, which either help or hinder internationalization process (Ramamurti, 2012). On the other side of the debate, others, like Dunning, Kim, and Park (2008) and Williamson and Zeng (2009), give reasons to believe that emerging market multinationals do not behave differently because of their origin, but because of fundamental changes in the world economy. As a consequence, emerging market multinationals would act similar to young multinationals from developed countries. In between these opposing views, Cuervo-Cazurra (2012) argues that the behavior of emerging market multinationals can be explained by extending and modifying the existing models rather than building new ones.

Consequently, we are soliciting empirical and theoretical work addressing these complex relationships between various forms of contextual heterogeneities and emerging market multinationals. This special issue provides an opportunity to bring together the research of scholars from a diverse range of disciplinary traditions such as economics, sociology and political science. As such, the following list of potential research questions is merely illustrative of the broad range of studies that could fit in the special issue:

• · Are emerging market multinationals different from similar-aged developing market multinationals?
• · Does the change in global economic conditions call for a radical change in the behavior of multinationals?
• · What opportunities do fine sliced global value chains open for entry and upgrading of emerging market multinationals in the global economy?
• · Can emerging market multinationals help broaden the concept of ownership advantages beyond the traditional definition including technology and brand value?
• · Does availability of finance and existence of internal capital markets shape the response of emerging market multinationals to the financial crisis?
• · Do emerging market multinationals use CRS and sustainability initiatives as sources competitive advantage?
• · Are there contextual elements that make emerging market multinationals truly unique?
• · How does corporate governance affect internationalization strategies of emerging market multinationals?
• · What are the dynamics of the interrelationship between institutional change and corporate strategy?
• · Do emerging market multinationals possess institutional capabilities that can be transferred across borders?

Deadlines, Submission Guidelines and Co-Editor Information

Submissions to the Special Issue must be submitted through the IJoEM website. The deadline for submissions is October 1, 2015. For general submission guidelines, seehttp://www.emeraldinsight.com/products/journals/author_guidelines.htm?id=ijoem. No late submissions will be accepted. We have a marked preference for submissions which debate with, extend, and/or refute the indicative literature cited below. Please indicate that your submission is to be reviewed for the Special Issue on Emerging Economy Multinationals. For questions about the special issue, please contactBersant Hobdari, Guest Editor, at bh.int@cbs.dk.

Indicative Contemporary Literature

• Buckley, P. J. 2014. “Forty years of internationalisation theory and the multinational enterprise.” Multinational Business Review 22 (3): 227-245.
• Contractor, F. J. 2013. “Punching above their weight.” International Journal of Emerging Market 8(4): 304-328.
• Ramamurti, R. 2012. “What is really different about emerging market multinationals?” Global Strategy Journal 2: 41-47.
• Ramamurti, R. 2009. “What have we learned about emerging-market MNEs?” In Emerging Multinationals in Emerging Markets, Ramamurti R, Singh JV (eds). Cambridge University Press, Cambridge, U.K.: 399–426.
• UNCTAD. 2012. World Investment Report 2012: Towards a New Generation of Investment Policies. United Nations Conference on Trade and Development; Geneva, Switzerland.
• Cuervo-Cazurra A. and Genc M. 2008. “Transforming disadvantages into advantages: developing country MNEs in the least developed countries.” Journal of International Business Studies 39: 957–979.
• Aharoni, Y. 2014. "To understand EMNEs a dynamic IB contingency theory is called for." International Journal of Emerging Markets 9(3): 377 – 385.
• Cuervo-Cazurra A. 2012. “Extending theory by analyzing developing country multinational companies: Solving the Goldilocks debate.” Global Strategy Journal 2: 153-147.
• Cuervo-Cazurra A. and Ramamurti, R. (eds). 2014. Understanding multinaitonals from emerging markets. Cambridge University Press, Cambridge, U.K.
• Dunning J. H., Kim C., and Park D. 2008 , “Old wine in new bottles: a comparison of emerging-market TNCs today and developed-country TNCs thirty years ago”, in The Rise of Transnational Corporations from Emerging Markets: Threat or Opportunity?, Sauvant K. (ed), Edward Elgar: Northampton, MA.
• Williamson P and Zeng M. 2009, “Chinese multinationals: emerging through new global gateways”, in Emerging Multinationals in Emerging Markets, Ramamurti R. and Singh J. (eds), Cambridge University Press: Cambridge, U.K.

Call for papers: Emerging Market Multinationals: Perspectives from Latin America

JOURNAL OF WORLD BUSINESS

Call for papers for a special issue
Submission deadline: May 4, 2015

Emerging Market Multinationals: Perspectives from Latin America

Guest Editors:

• Ruth Aguilera
• Luciano Ciravegna
• Alvaro Cuervo-Cazurra
• Maria Alejandra Gonzalez-Perez

“Name some Brazilian multinationals. Even harder than "famous Belgians", isn't it? Despite Brazil being the world's eighth-largest economy, with plenty of big, profitable firms, few of them have a reasonable share of their operations abroad and are thus genuinely multinational.” The Economist, Sept 21, 2000.

“For the first time Brazil has a crop of companies that can be described as multinationals. Some of them are already well known outside Brazil: Petrobras; Vale, one of the world’s largest mining companies; and Embraer, the world’s third-largest maker of passenger jets.” The Economist, November 12, 2009.

These two quotes from the British newspaper The Economist reflect the change in view about Multilatinas, or Latin American multinational companies. The reason is not that there were no Multilatinas before 2000. In fact, there have been Multilatinas for over a century. For example, the Argentinean shoemaker Alpargatas was created in 1885 and established subsidiaries in Uruguay in 1890 and in Brazil in 1907. The reason is that there were few studies analyzing Multilatinas before the 2000s. This was part of a general trend in the international business literature that appeared to have ignored the region. For example, a review of articles in two leading journals in the field of international business (Journal of International Business Studies and Management International Review) in the period 1987-1997 indicated that fewer than 6% of the articles mentioned Latin America (Elahee and Vaidya, 2001). This paucity of studies on the region had not changed in recent times. A review of studies in four leading international business journal (Journal of International Business Studies, Management International Review, Journal of World Business, and International Business Review) in 2001-2005 indicated that only 2.75% of articles studied firms in the region (Perez-Batres, Pisani and Doh, 2010). Nevertheless, a few analyses of multinationals have indicated that firms from this region are becoming multinational rapidly and some of them are becoming leaders in their industries (Casanova, 2009; Cuervo-Cazurra, 2008,; Fleury and Fleury, 2010; Santiso, 2013).

In this special issue we plan to take stock of what is known about these firms and identify potential avenues for future research. Other special issues of the Journal of World Businesshave analyzed various regions of the world such as India (Varma and Budhwar, 2012), China (Laforet, Paliwoda and Chen, 2012), Africa (Kamoche, 2011), the Middle East (Mellahi, Demirbag and Riddle, 2011), and Korea (Paik and Lee, 2008). This special issue contributes to the global scope of the Journal of World Business by studying firms from Latin America, which have, thus far, been underrepresented in the management and business literature (Brenes, Montoya and Ciravegna, 2014). With this special issue, we aim to not only increase our understanding of Multilatinas, but also to identify the particular characteristics of their internationalization and how it compares with the internationalization of firms from other regions.

The rise of emerging market multinationals has been well documented (for example see the papers in the special issues edited by Aulakh, 2007; Cuervo-Cazurra, 2012; Gammeltoft, Barnard and Madhok, 2010; Luo and Tung, 2007; and in the books edited by Cuervo-Cazurra and Ramamurti, 2014; Ramamurti and Singh, 2007, Sauvant, 2008; Williamson et al., 2013), yet the literature on emerging market multinationals has thus far focused mainly on firms from regions other than Latin America. With this Special Issue of Journal of World Business,we aim to fill this gap, contributing to the international business literature and the body of knowledge documenting the practices of multinational companies.

This call is an attempt to integrate different aspects that might have influenced the growth and internationalization of Latin American firms. We welcome theoretical, empirical, methodological and case studies submission addressing, but not limited to, the following issues:

• Successful Multilatinas expanding outside their region
• Comparative ownership advantages/disadvantages of Multilatinas
• Internationalization patterns of Latin American firms
• The internationalization of state-owned Latin American firms
• Institutional constraints for Latin American companies to internationalize
• Foreign performance of Latin American firms
• Effects of exports promotion agencies on the internationalization of Latin American firms
• Governance in Multilatinas
• The internationalization of Latin American business groups 
• Global leadership in Multilatinas
• Dimensions of management diversity in Multilatinas
• Determinants of outward FDI from Latin America
• The role of governments in Latin American International Business
• Corporate social responsibility and sustainable practices in Multilatinas
• The role of family-owned business conglomerates in Multilatinas
• Oligopolistic structures and internationalization in Multilatinas
• Multilatinas and economic and political crises
• Cultural challenges in doing business from Latin America
• The role of Latin American diaspora and returning emigrants in international business

Submission process:

By May 4, 2015, authors should submit their manuscripts online via the new Journal of World Business EES submission system. The link for submitting manuscript is: http://ees.elsevier.com/jwb.

To ensure that all manuscripts are correctly identified for consideration for this Special Issue, it is important that authors select ‘SI: Latin American MNCs’ when they reach the “Article Type” step in the submission process

Manuscripts should be prepared in accordance with the Journal of World Business Guide for Authors available at http://www.elsevier.com/journals/journal-of-world-business/1090-9516/guide-for-authors. All submitted manuscripts will be subject to the Journal of World Business’s blind review process.

We may organize a workshop designed to facilitate the development of papers. Authors of manuscripts that have progressed through the revision process will be invited to it. Presentation at the workshop is neither a requirement for nor a promise of final acceptance of the paper in the Special Issue.

Questions about the Special Issue may be directed to the guest editors:

• Ruth V. Aguilera, Northeastern University, United States (r.aguilera@neu.edu)
• Luciano Ciravegna, King’s College, London, UK, (Luciano.ciravegna@kcl.ac.uk)
• Alvaro Cuervo-Cazurra, Northeastern University, United States (a.cuervocazurra@neu.edu)
• Maria Alejandra Gonzalez-Perez, Universidad EAFIT, Colombia (mgonza40@eafit.edu.co)

References:

• Aulakh, P. S. (2007). Emerging multinationals from developing economies: motivations, paths, and performance. Journal of International Management, 13, 338-355.
• Brenes, E. R., Montoya, D., & Ciravegna, L. (2014). Differentiation strategies in emerging markets: The case of Latin American agribusinesses. Journal of Business Research,67, 847-855.
• Casanova, L. (2009). Global Latinas: Latin America's emerging multinationals. Palgrave Macmillan.
• Cuervo-Cazurra, A. (2008). The multinationalization of developing country MNEs: The case of Multilatinas. Journal of International Management, 14, 138-154.
• Cuervo-Cazurra, A. (2012). How the analysis of developing country multinational companies helps advance theory: Solving the Goldilocks debate. Global Strategy Journal, 2, 153-167.
• Cuervo-Cazurra, A., & Ramamurti, R. (2014). Understanding multinationals from emerging markets. Cambridge: Cambridge University Press.
• Economist. (2001). Brazil's Gerdau: Who dares wins. The Economist. www.economist.com/node/374586
• Economist. (2009). Special Reports Economist Brazil. The Economist. www.economist.com/node/14829517
• Elahee, M. N., & Vaidya, S. P. (2001). Coverage of Latin American business and management issues in cross-cultural research: An analysis of JIBS and MIR 1987-1997.International Journal of Organization Theory & Behavior, 4, 21-31. 
• Fleury, A. & Fleury, M. T. L. (2011). Brazilian multinationals: Competences for internationalization. Cambridge: Cambridge University Press
• Gammeltoft, P., Barnard, H., & Madhok, A. (2010). Emerging multinationals, emerging theory: macro- and micro-level perspectives. Journal of International Management,16, 95-101.
• Kamoche, K. (2011). Contemporary developments in the management of human resources in Africa. Journal of World Business, 46, 1-4.
• Laforet, S. Paliwoda, S. and Chen, J. (2012). Introduction. Journal of World Business, 47, 1-3.
• Luo, Y., & Tung, R. L. (2007). International expansion of emerging market enterprises: A springboard perspective. Journal of International Business Studies, 38, 481-498.
• Mellahi, K., Demirbag, M., & Riddle, L. (2011). Multinationals in the Middle East: Challenges and opportunities. Journal of World Business, 46, 406-410.
• Paik, Y., & Lee, S. H. (2008). Introduction. Journal of World Business, 43, 1-4.
• Pérez-Batres, L.A., Pisani, M.J., & Doh, J.P. (2010). Latin America’s Contribution to IB Scholarship. Academy of International Business Insights, 10, 3-7. 
• Ramamurti, R., & Singh, J. V. (eds). (2009). Emerging multinationals from emerging markets. Cambridge: Cambridge University Press.
• Santiso, J. (2013). The decade of the Multilatinas. Cambridge: Cambridge University Press.
• Sauvant, K. P. (ed). (2008). The rise of transnational corporations from emerging markets: Threat or opportunity? Northampton, MA: Edward Elgar.
• Varma, A., & Budhwar, P. (2012). International Human Resource Management in the Indian context. Journal of World Business, 47, 157-338.
• Williamson, P., Ramamurti, R., Fleury, A., & Fleury, M. T. (eds). (2013). Competitive advantages of emerging country multinationals. Cambridge: Cambridge University Press.

Call for Papers: Relaunching The Multinational Business Review

Relaunching The Multinational Business Review: call for papers

Many of you will know that Alan Rugman had edited The Multinational Business Review (MBR) for the last 6 years. Alan had wanted to establish an academic journal that sought to address issues relating to international business, both from a management and economics perspective.

In keeping with this spirit, from the first issue of 2015 (Volume 23), the journal will be co-edited by Mark Casson, Rajneesh Narula and Alain Verbeke. We reckon it will take three of us to fill Alan’s rather large shoes!

At the same time, we also want to take advantage of this change in management to relaunch MBR. We will be renewing the editorial board and the editorial team over the next few months - please stay tuned for updates.

Spirit of the 'renewed' MBR

All three of us have an explicit preference for papers that take a strong conceptual stand and are grounded in theory.We welcome papers that challenge conventional wisdom and received theory, believing as we do that new evidence and changing circumstances require us to continually question the validity of theories and frameworks, and their underlying assumptions.

We also seek innovative papers that provide improved description, explanation and prediction of the behavior of economic actors in the international environment, including (but not limited to) work on: the strategy and organization of multinational enterprise, international business history, geography of international business, and the impact of international business on economic growth and development. Specific topics of interest include innovation, entrepreneurship, knowledge transfer, value chain coordination and the performance implications of international business strategies. Conceptual papers and those that examine competing perspectives and viewpoints are always welcome.

The editors are also keen on submissions that examine the evidence systematically, building upon and testing existing models and frameworks. Such papers should be able to suggest managerial, economic or government policy recommendations built upon sound empirical evidence, whether qualitative or quantitative. We will still welcome critical surveys of the literature, but they must demonstrate a high degree of originality. We will no longer publish book reviews.

Novelties in the line-up

We shall be expanding our publications to include two new types of articles, apart from the usual refereed articles:

1. Short, to-the-point and non-technical editorial opinions (op-eds). These will address new and important issues that deserve immediate attention, which will be lightly refereed. Sometimes a significant or controversial new theoretical or methodological issue thrusts itself upon the reality of IB. New ideas need to be presented to the field community in a fairly rapid way, and be accessible not just to the academic specialist, but also to the practitioner, the politician, the policy-maker with a minimum of turgidity and as little fuss as possible. Such submissions should be 4000 words or less. Contributors are invited to submit an 500 word outline to the editors for consideration.
2. Focused debate forums. The first issue of every year will have a debate forum - a set of ‘think pieces’ commissioned on a specific topic, with short 'op-ed' contributions of 2k-3k words that highlight multiple angles to an important 'big issue' in IB. We plan to publish one such debate forum in every volume, beginning with Volume 23, issue 1, 2015, revisiting Dunning's classic motives.

Call for special issues

We are seeking innovative and bold thinkers to propose special issues. We have a detailed set of instructions available at:
http://www.emeraldgrouppublishing.com/products/journals/news_story.htm?id=5713


Rajneesh Narula (on behalf of the editorial team)
Professor of International Business Regulation
Director, John H. Dunning Centre for International Business
Henley Business School
University of Reading, UK

Call for papers: Special Issue on te Role of multinational enterprises in local market developments

European Journal of International Management (EJIM)

Special Issue on: “THE ROLE OF MULTINATIONAL ENTERPRISES IN LOCAL MARKET DEVELOPMENTS”

Guest Editors

• Pervez N. Ghauri, King’s College, UK 
• 
  
• Byung Il Park, Hankuk University of Foreign Studies, South Korea

Description

As globalization intensifies and new middle classes emerge in most markets, multinational enterprises (MNEs) have significantly increased their international business efforts. The recorded figure for 2010 revealed a more than triple increase of the worldwide foreign direct investment (FDI) activities since the year 2000, amounting to US$20.4 trillion (UNCTAD 2011). The reason for the consistent expansion in MNEs foreign operations is closely associated with the increased realization that the presence of foreign firms is beneficial for both home and host countries. One view is that MNEs possessing sophisticated knowledge often function as a conduit for local firms to acquire foreign technology and know-how. In addition, MNEs also help in the creation of employment opportunities and an increase of exports strengthening the balance-of-payments position of the local economies (Park, 2011; Park and Ghauri, 2011). Likewise, home economies of MNEs achieve market expansion and learn about foreign markets.

However, some scholars (e.g., Chang, 2004; Ziegler, 2005) have shed light on the negative aspects of MNE operations, and even argue that MNEs are one of the primary obstacles inhibiting economic growth in developing countries. The explanations given by these scholars, proposing negative impacts are the following; often MNE activities are too vitalized and excessive, foreign firms attempt to dominate the market they enter and present a challenge to national sovereignty. Moreover, the aggravation of local competition against MNEs inevitably culls locally grown enterprises, which results in the deterioration of employment. In particular, MNEs re-invest only a fraction of their revenues in local economies and drain positive effects from both capital injections and the balance of payments. This leads to serious reductions in foreign exchange reserves, forces local governments to borrow more foreign debt and pushes the local economy into a vicious economic circle. These negative effects cause hardship for local governments and negatively influence their investments in infrastructure, education and technology development. In this vein, they suggest that MNE operations are not much different from the establishment of colonies.

A key problem is that it is perhaps hard to say that an unlimited open-door toward MNEs and limitless competition based on market principles is the only correct answer for economic growth. In other words, we cannot merely overlook the adverse aspects of MNEs, and need to practically assess the value of foreign investment. There is a general consensus that the fundamental goals and aims of MNEs are to pursue corporate profits and increase organizational competitiveness in overseas markets, and thus such gloomy opinions about MNEs are unavoidable to some extent. In this vein, it is time to think about the ways to lessen the skeptical attitudes of FDI by identifying the role of MNEs in local market developments. We also suggest that the negative impression of FDI might be significantly reduced if MNEs engage in actions that go beyond their direct economic and financial interests, involve themselves in activities that are not required by the law but further social good and use their internal resources in ways to benefit local markets through committed participation as members of society.

Taken together, the objective of this special issue is to bring both theoretical and empirical advancements examining the role of MNEs in developing local markets in various areas (e.g., economic, social, institutional and ethical developments).

Subject coverage

We seek both theoretical and empirical papers that may address, but are not limited to, the following list of potential research questions:

• How does FDI function as a vehicle to enhance economic development in local markets? Does FDI from MNEs based in advanced economies trigger economic growth in developing countries in the long term?
• Who obtains more benefits from inward FDI between advanced and developing countries? Are there avenues for MNEs based in advanced economies to help developing countries to promote economic growth?
• Are there any different patterns of economic development through FDI between advanced and developing countries? What implications can be drawn from countries that have successfully leapfrogged into better economic status?
• What are the key factors promoting the positive spillover effects of FDI in developing economies?
• In the perspective of developing countries, what are the primary conditions that inhibit the negative economic outcomes from inward FDI?
• How does FDI contribute to social evolution, particularly in emerging and developing countries?
• What is the effect of profit remittance by MNEs in the local market economy? What encourages MNEs to re-invest profits in local markets?
• What motivates corporate social responsibility (CSR) practices in foreign markets? Is there any particular relationship between the level of foreign CSR and economic development in emerging and developing countries?
• What facilitates knowledge transfer from advanced to developing economies through FDI?
• Is there a correlation between FDI types (e.g., ‘vertical versus horizontal’ or ‘export-driven versus market-seeking’) and economic contributions in emerging and developing countries?

References

• Chang, H-J. (2004), Globalization, economic development and the role of the State, London, NY: Zed Books.
• Park, B. I. (2011), “Knowledge transfer of multinational enterprises and technology acquisition in international joint ventures”, International Business Review, Vol. 20, pp. 75-87.
• Park, B. I. and Ghauri, P. N. (2011), “Key factors affecting acquisition of technological capabilities from foreign acquiring firms by small and medium sized local firms”, Journal of World Business, Vol. 46, pp. 116-125.
• UNCTAD (2011). World investment report: Non-equity modes of international production and development. Geneva: United Nations.
• 
  
• Zilgler, J. (2005), L'empire de la honte, Paris: Fayard.

Notes for Prospective Authors

Submitted papers should not have been previously published nor be currently under consideration for publication elsewhere.
All papers are refereed through a peer review process. A guide for authors, sample copies and other relevant information for submitting papers are available on the Author Guidelines page.

Deadlines for submission

• Submission of Manuscripts: January 15, 2015
• Notification to Authors: April 1, 2015
• Final Versions Due: December 1, 2015
• The issue is published: May 2016

Editors and Notes

All papers must be submitted online. To submit a paper, please go to Online Submissions of Papers. If you experience any problems submitting your paper online, please contactsubmissions@inderscience.com, describing the exact problem you experience. (Please include in your email the title of the Special Issue, the title of the Journal and the names of the Guest Editors).

Guest Editor(s) contact details:

Dr. Pervez N. Ghauri

King’s College London, Department of Management, 150 Stamford Street, London, SE1 9NH, UK
Tel:
00-44-(0)20-7848-4122, Email: pervez.ghauri@kcl.ac.uk



Dr. Byung Il Park
Hankuk University of Foreign Studies, College of Business Administration, 270, Imun-dong, Dongdaemun-gu, Seoul, 130-791, South Korea
Tel:
00-82-(0)10-4157-3532, Email: leedspark@hufs.ac.kr

Call for special issue: From Emerging to Emerged: A Decade of Development of Dragon Multinationals

Asia Pacific Journal of Management

Special Issue and Conference on

“From Emerging to Emerged: A Decade of Development of Dragon Multinationals”

• Submission Deadline: April 15, 2015
• Conference Place and Date: December, 2015 (tentative dates)
• Venue: Macquarie University, Sydney, Australia
• Estimated Date of Publication: November 2016

Special Issue Guest Editors:

• Jane Lu (University of Melbourne and National University of Singapore)
• Xufei Ma (Chinese University of Hong Kong)
• Lucy Taksa (Macquarie University)
• Yue Wang (Macquarie University)

Special Issue Consulting Editors:

• Mike Peng (University of Texas at Dallas)
• Ravi Ramamurti (Northeastern University)

Conference Sponsor:

Department of Marketing and Management, Macquarie University, Sydney, Australia.


In 2006, the Asia Pacific Journal of Management (APJM) published an influential article “Dragon multinationals: New players in 21st century globalization” (Mathews, 2006a, 23:5-27). In this conceptual article, John Mathews (Macquarie University, Australia) defines firms from the periphery—especially those from the Asia Pacific region—as ‘dragon multinationals’. The author develops a new model to illustrate the three pillars common in these firms’ pattern of accelerated internationalization and summarizes them into his linkage, leverage, and learning (LLL) model.

According to Mathews (2006a), for dragon multinationals, the best and the quickest way to capture global opportunities and to tap into global resources is first to link up with firms around the global, second to leverage such links to overcome resource barriers (including foreign direct investment (FDI) through acquisitions), and third to learn to build up their own capabilities in a cumulative fashion. These three pillars of linkage, leverage and learning are what make dragon multinationals’ international expansion distinctive from the internationalization pattern of Western incumbents.

To the extent that firms that lack initial resources may take advantage of the increasingly interconnected global economy in a pattern consistent with the LLL model, the LLL model may become one of the dominant paradigms in international business (IB) research in the 21st century, just like how the OLI model was viewed by the IB and management community in the 20th century. We do not know whether this significant paradigm development will happen, but the fact that John Mathews’ article won the second APJM Best Paper Award in 2009 and became the second most cited APJM paper ever (with over 600 Google Scholar citations) in just a few years after its appearance in 2006 is a strong signal that the IB and management community may just be ready to embrace such a paradigm development. However, whether such a paradigm development will materialize (Dunning, 2006; Narula, 2006) is at least dependent on two critical issues, which will be addressed in this Special Issue. First, do we have accumulated sufficient evidence to suggest that there is indeed a need for a new paradigm such as the LLL model to account for a very different internationalization process? Second, nearly ten years since Mathews (2006a), do we have sufficient knowledge about ways that those already emerged dragon multinationals (such as Acer, Li & Fung, and Lenovo that appeared in Mathews’ original article) manage their global operations?

To further enrich our understanding of the merits and limits of the LLL model, we also call for papers that provide new theoretical or empirical insights to help us better understand the internationalization patterns and strategies adopted by firms from the rapidly developing Asia Pacific region including those are still emerging and those already emerged in the global stage. To the extent that management problems remain the same over time while their solutions differ from part of the world to part of the world (Hostede, 2007), we also welcome manuscripts that look at the impact of the emerging or emerged dragon multinationals on the strategies and behaviours of Western MNEs in different parts of the world.

Overall, this Special Issue provides an opportunity to (1) reflect on John Mathews’ influential article on the then emerging dragon multinationals, and (2) bring together research on recent development of those dragon multinationals that are already emerged in the global market as well as research on the interactions between these (relatively) new players and incumbent western players in an increasingly interconnected global business environment. To serve these purposes, manuscripts are not restricted to, but could deal with the following topics:

• Empirical studies to test the validity of the LLL model in a broader range of firms (including but not limited to emerging and emerged dragon multinationals). 
• How the strategies, structures, and management practices (e.g. how to manage the challenge of diverse workforce) adopted by those emerged dragon multinationals differ from MNEs from the West and Japan.
• How the LLL model and OLI model complement or substitute each other.
• How the expansion of dragon multinationals to regions such as Africa and Australia affects the strategies of Western MNEs in these regions.
• How the pattern of expansion of dragon multinationals is affected by varying institutional conditions in their home countries.
• What the performance implications are as a result of the expansion of dragon multinationals.

Papers for the Special Issue should be submitted electronically to the APJM Online Submission System at https://www.editorialmanager.com/apjm/, and identified as submissions to the “From emerging to emerged: a decade of development of dragon multinationals” Special Issue. The deadline for receipt of papers for this special issue is April 15, 2015. The format of submissions must comply with submission guidelines posted at the APJM website.

Papers will be double-blind peer-reviewed. We will make initial editorial decisions by July 1, 2015. Authors invited to revise and resubmit their work will be invited to present the papers at a Special Issue development conference hosted by the Department of Marketing and Management at Macquarie University, Sydney, Australia.

The papers accepted and presented at the special issue conference will be considered for publication in the Special Issue of the APJM. Presentation at the conference does not necessarily guarantee publication in the special issue. The combination of a development conference and a Special Issue nevertheless follows a highly successful APJM initiative to bring out the full potential of authors and papers.

For questions about the special issue, please contact any of the Special Issue Editors:

• Jane Lu, Professor, Department of Management and Marketing, University of Melbourne; and National University of Singapore. Email: jane.lu@unimelb.edu.au
• Xufei Ma, Associate Professor, Department of Management, Chinese University of Hong Kong. Email: xufei@cuhk.edu.hk
• Lucy Taksa, Professor, Department of Marketing and Management, Macquarie University. Email: lucy.taksa@mq.edu.au
• Yue Wang, Associate Professor, Department of Marketing and Management, Macquarie University. Email: yue.wang@mq.edu.au

References:

• Hofstede, G. (2007). Asian management in the 21st century. Asia Pacific Journal of Management, 24: 411-420.
• Dunning, J. H. (2006). Comment on Dragon multinationals: New players in 21st century globalization. Asia Pacific Journal of Management, 23: 139-141.
• Narula, R. (2006). Globalization, new ecologies, new zoologies, and the purported death of the eclectic paradigm. Asia Pacific Journal of Management, 23: 143-151.
• Mathews, J. A. (2006a). Dragon multinationals: New players in 21st century globalization. Asia Pacific Journal of Management, 23: 5-27.
• Mathews, J. A. (2006b). Responses to Professors Dunning and Narula. Asia Pacific Journal of Management, 23: 153-155.

Call for conference papers: AIB-Lat 2015. Internationalization of Family and Entrepreneurial Businesses in Latin America

Internationalization of Family and Entrepreneurial Businesses in Latin America 

Santiago, Chile, January 22-24, 2015


Latin American countries, with few exceptions, have experienced the increasing landing of foreign MNCs in the last two decades, as a consequence of global strategies developed by firms, and a more liberalized and stable environment during these past twenty years. However, this economic and political landscape has also inspired and motivated the internationalization process of a growing number of MNCs from the region –the so-called multilatinas- with operations in several countries across the continent.

Who are behind these multilatinas? How have these companies emerged and developed? Although some research has been done in recent years on the topic of multilatinas, most of them are family or entrepreneurial businesses. In fact, experts estimate that more than 90% of Latin American firms are family-owned companies or entrepreneurial ventures, and most family firms initiated as a start-up of the family founder. Thus, the majority of companies listed in the stock markets in Latin America are family-controlled, and most regional conglomerates, known as grupos, are family-based.
To deal with these interesting issues, the Latin American Chapter of the Academy of International Business is pleased to announce that the conference "Internationalization of Family and Entrepreneurial Businesses in Latin America" will be held in Santiago at ESE Business School, Universidad de los Andes, on January 22-24, 2015. This AIB-LAT conference aims to promote the best and latest research findings and theoretical developments in the fields of Internationalization, Family Business and Entrepreneurship in Latin America, and especially the overlaps and intersections of these three fields.

We cordially invite you to share your experience in this field of research, by submitting empirical and conceptual papers explicitly or implicitly related to the theme of the conference.

Below is an illustrative list of topics that will be considered:

• Internationalization in LA and entry modes 
• Subsidiary management and performance 
• Knowledge management in the region 
• International entrepreneurship 
• International marketing 
• Cross-cultural management 
• Inward and outward FDI 
• Offshoring and outsourcing in the region 
• Corporate governance, international finance and international standards 
• Regional policies, IGOs, NGOs 
• Research methods in international business 
• Internationalization of family firms 
• Entrepreneurship and internationalization 

This will be the fifth conference of the AIB Latin America chapter, following meetings in Rio de Janeiro, Brazil (2010), Miami, USA (2012), Puebla, Mexico (2013), and Medellin, Colombia (2014). Each conference has built upon successes of the prior one, and we are aiming for the best yet in 2015. Details regarding a doctoral consortium, paper development workshop, keynote speakers, publishing opportunities, potential side-trips in and around Santiago and other conference details will be announced shortly.

Submission guidelines:

There will be a link to the AIB submission system from www.aib-lat.org at least one month before the submission deadline, so that you can submit your work. Please make sure that your submission meets the JIBS Style Guide format. All submissions will be subject to a double blind peer review process. Please direct questions to: lat2015@aib.msu.edu

Key dates

• Full paper submission: August 31, 2014
• Full paper acceptance: October 15, 2014

Organizers:

Jon Martínez, Conference Chair
William Newburry, Chapter Chair

Call for conference papers: AIB UK and Ireland 2014

Call for Papers

41st Academy of International Business (UK & Ireland) Conference

The York Management School, University of York

Conference date: 10-12 April 2014

Conference theme: Achieving a New Balance? The Rise of Multinationals from Emerging Economies and the Prospects for Established Multinationals

Conference Chairs: Prof Yingqi Wei and Prof Frank McDonald

The spread of particularly American multinationals in the first half of the last century marked an increasing domination of the world economy by these firms. This dominance was challenged in the second half of the twentieth-century by a wave of multinationals from Europe, Japan and Newly Industrialised Economies. At the turn of the century, it is however a group of rather ‘unexpected’ firms such as Embraer, Huawei and Tata from emerging economies that have stamped their mark on the world stage. Since then more multinationals from emerging countries are joining their ranks. The rise of multinationals from emerging economies has coincided with a shift in many aspects of production from industrialised countries to emerging economies, the accelerating dispersion of international R&D activities, and the rise of state capitalism in some emerging economies. These changes pose challenges for all participants in international business, including emerging economy multinationals, established multinationals, governments and multilateral organisations.

The aim of the 41st AIB (UK & I) annual conference is to enhance our understanding of the changing international landscape and its implications for the world economy in general and emerging economy multinational, established multinationals, national governments and multilateral organisations in particular. A number of important questions arise from these new developments. Will the balance of power be changed between rising stars and established multinationals in areas such as positions in the value chain and centres of R&D and innovation? What types of relationships will emerge between governments and businesses given extensive state involvement in the development of emerging economy multinationals? Will the rise of emerging economy multinationals change the nature and key characteristics of the debate on corporate social responsibility and sustainability policies of multinationals? Will emerging economy multinationals have significantly different strategic and operational orientations from those of established multinationals? How will emerging economy multinationals affect the strategies and operations of established multinationals? Are there significant implications of these developments for international business theories and concepts?

The conference welcomes theoretical and empirical papers which advance our understanding of the issues contained in this theme. As in previous years, it is hoped that the conference will encompass all aspects of international business, not only on the theme of the conference but also on wider agendas. Papers are welcome in all the major areas of international business, including for example:

•  Business strategy – explanations of international business and modes, contributions of multinationals in home and host nations, corporate and social responsibility
• Multinational strategies – Headquarter-subsidiary relationships, autonomy strategies, international joint venture strategies
•  Human resource management, marketing and production strategies and operations of multinationals
• Institutional factors and multinational strategies and operations
• Areas studies and international business issues
•  Economic geography and international business issues
• Business history and international business issues
•  Firm competitiveness – strategic management, networks and alliances, cross border management/leadership, organizational behaviour and learning
•  Dynamic capabilities – global organisation and sourcing of technological innovations, knowledge acquisition and knowledge transfer, learning in the internationalisation process
• International entrepreneurship – decision making in international new ventures (INVs), characteristics of INVs, the internationalisation process of INVs, how INVs create value, factors promoting the emergence and success of INVs
• Internationalisation from and to emerging markets – motives for FDI from and to emerging markets, government policy towards inward and outward FDI in emerging markets, outsourcing and offshoring
• Research methods in international business – developments in quantitative methods, use of case studies, qualitative methods, problems and issues in methodology
• Corporate governance and finance – influence of corporate governance and managerial compensation schemes, the role of direct versus portfolio investment in diversifying risk, dealing with corruption, institutional structures influencing corporate social responsibility and sustainability

Conference prizes

There are several prizes awarded at the conference:

• ·Palgrave Macmillan Prize for the best competitive paper
• The Research in International Business and Finance Prize for the best paper which examines a topic in International Finance from an International Business perspective
• The Critical Perspectives on International Business Prize for the most innovative paper which tackles a new or under-researched topic and which contributes to the understanding of the impact of international business on society.
• Michael Z Brooke Doctoral Prize for the best paper by a doctoral student
• Neil Hood and Stephen Young Prize for the Most Original New Work in the doctoral colloquium.

Publication opportunities

A selection of conference papers will be published in the Palgrave Macmillan International Business book series, which is connected to the AIB UK & Ireland annual conferences.

Submission Deadlines

• The Main Conference: Sunday 12 January 2014
• The Doctoral Colloquium: Tuesday 28 January 2014